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413 South Sherman Street

413 South Sherman Street, Otsego, MI 49078
Property in Otsego
Sold Jan 05, 2006
$138,700
$131,889 by Gmac Mortgage Corp
Mortgage Due Jan 01, 2036
Sold Jun 16, 2004
$49,400
413 South Sherman Street has been categorized by the local assessors in Otsego, MI as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 413 South Sherman Street has 1,392 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 4,328 ft and across the front of the lot is 560 ft. The area measurement of the land has been determined as 24,219 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 413 South Sherman Street was last sold in Dec 29, 2005 for $138,700. According to our calculations, that's $99.64 per sqft. Prior to that sales transaction, the property was sold for $49,400 in Jun 1, 2004. Current property owners are expected to pay $1,751 in taxes per year. The property on 413 South Sherman Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $80,400. To break that down further, the land itself was valued at $5,300. While improvements to the property were assessed at a total of $75,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 24,219
  • Lot Size Depth Feet: 4,328
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.556
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE W 132' OF THE E 264' OF THE N 132' OF THE NE 1/4 SW 1/4 SEC 22 ALSO W 33' OF THE E 297' OF THE N 132' OF NE 1/4 SW 1/4

Ownership

  • Current Owner : MORRIS ANTHONY E
  • Current Owner 2: MORRIS SHANNON L
  • Previous Owner : WINN BRYAN F
  • Previous Owner 2: WINN DEBORAH R
  • Owner Before Previous Owner: BANK OF NEW YORK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Otsego Public Schools
  • School Tax School District: OTSEGO 20
  • Census Tract: 031800

Zoning

  • Zoning: R-2

Geography

  • District: 17
  • Parcel: 17-022-038-00
  • Meridian: SEC 22 TWN 01N RNG 12W
  • Municipality: OTSEGO TWP
  • Latitude: 42.4571
  • Longitude: -85.7113

    Address

  • Full Address: 413 S Sherman St
  • Address - House Number: 413
  • Street Direction: S
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: MI
  • City Name: Otsego
  • Carrier Code: C002
  • 4-Digit Zip Code: 1239
  • Zip Code: 49078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,751

    Appraisal Valuation

  • Standard Deviation: 0.256
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 63
  • Final Value: 215,814
  • High Value: 271,081
  • Low Value: 160,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,889
  • First Open Lien Mortgage Lender: GMAC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 05, 2006
  • First Open Lien Mortgage Loan Amount: $131,889
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $160,800
  • Market Land Value: $10,600
  • Market Improvement Value: $150,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,400
  • Assessed Land Value: $5,300
  • Assessed Improvements Value: $75,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2005
  • Current Sale Recording Date: Jan 05, 2006
  • Current Sale Transaction ID: 1184378737
  • Current Sale Price: $138,700
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 16, 2004
  • Previous Sale Contract Date: Jun 01, 2004
  • Previous Sale Amount: $49,400
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: GMAC MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 05, 2006
  • First Mortgage Loan Amount: $131,889
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2036

About Allegan



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Frequently Asked Questions

What neighborhood is 413 South Sherman Street located in?
The 413 South Sherman Street is a located in the neighborhood of Otsego in Allegan, Otsego.
What is the average sales price for listings in 413 South Sherman Street?
The average sales price for units in 413 South Sherman Street is $0 currently.

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